Scammers use India’s real-time payment system to siphon off money, send it to China

Countries signed on for India’s stack might watch out

China-based scammers are using a combination of fake loan apps and India’s real-time mobile payment system, Unified Payments Interface (UPI), to separate victims from their cash, according to a report by threat intel firm CloudSEK.…

This article has been indexed from The Register – Security

Read the original article:

Tags: